yen is short , since after XABCD pattern there has been nice up move and faced resistance at supply zone, i.e AB leg is completed now BC leg is now being formed. we shall target the C level as 0.382 of AB i.e 0.5890 , this is the target.https://www.tradingview.com/chart/HjzNHrdK/
Note
by the EOD of the Indian session, the view is justifiedNote
the c level is near 0.5880 to 0.5890Trade closed: target reached
the C level reached at 0.58623 ,encash the profit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.